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Legal News

The AM Law Daily

Daily legal news from American Lawyer magazine.
By American Lawyer

Post Frequency: 9.5/day

Last Entry: March 30, 2011 at 21:00:00

Ted Olson Joins NYC Mosque Debate

Posted on August 18, 2010
Gibson, Dunn & Crutcher appellate star and 9/11 widower Theodore Olson has weighed in on the controversial issue of whether or not a mosque should be built near the site of the September 11 attacks on the World Trade Center.

The Churn: Lateral Moves and Promotions in The Am Law 200

Posted on August 18, 2010
Several attorneys follow the three partners who recently jumped from Seyfarth Shaw to Sheppard Mullin; and Reed Smith adds to its corporate and securities group. Plus: A sports agent who once represented Tom Glavine joins Jackson Lewis as a partner. The Churn is constant...

The Careerist: No Sharp Elbows at Sidley

Posted on August 18, 2010
It's early interview season, and hiring partners are going crazy. But we managed to corner Karen Popp, the hiring partner of Sidley & Austin's Washington, D.C., office.

Jenner & Block, Davis Polk on GM IPO

Posted on August 18, 2010
General Motors filed for its highly-anticipated initial public offering on Wednesday, a little more than a year after the company emerged from bankruptcy. Jenner & Block and Davis Polk & Wardwell, two firms with longtime GM connections, snared the legal work on the offering...

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Major Lindsey Files RICO Action Against Former Director

Posted on August 18, 2010
The legal recruiting firm has alleged that a former managing director distributed proprietary information about attorney job openings to competing search firms.

Harvard Takes Lead in Turf Wars Among Supreme Court Clerks

Posted on August 18, 2010
The Supreme Court released its official list of clerks today and it seems Justice Elena Kagan's arrival helped Harvard Law School claim the most representatives.

Skadden Has Part in Evolving HP Turmoil

Posted on August 18, 2010
A report from Reuters says that the firm advised HP's board of directors to disclose the sexual harassment charges raised against former CEO Mark Hurd, even if the company wasn't obligated to do so.

Sign of the Times: Drinker Biddle's New Chief Value Officer

Posted on August 18, 2010
The CVO will oversee the firm's revamped client relations department, which will focus on efficiency, alternative fee arrangements, and leaner staffing.

Latham Leads on $9.6 Billion Indian Oil Buyout

Posted on August 18, 2010
Latham & Watkins is advising London-based mining giant Vedanta Resources as it picks up a controlling stake in the Indian oil and gas unit of Cairn Energy. Plus: The Blackstone Group's $300 million Indian power venture.

Ballard Spahr Under Fire over Transportation Agency Contracts

Posted on August 18, 2010
Did Pennsylvania Gov. Ed Rendell's former law firm get more than its fair share of lucrative assignments from the Delaware River Port Authority?

Debevoise, Wilson Sonsini Sign On for Dell-3PAR Tie-Up

Posted on August 17, 2010
Dell will pay $1.15 billioni for the California-based data storage company.

Debevoise, Skadden Wrap Up $6 Billion Reynolds-Pactiv Deal

Posted on August 17, 2010
Pactiv, the maker of Hefty trash bags, has agreed to be acquired by Reynolds Group Holdings Limited, a leading global manufacturer and supplier of consumer food and beverage packaging and storage products.

More Firms Line Up For BP Transactional Work

Posted on August 17, 2010
Seeking to defray cleanup and compensation costs from the Deepwater Horizon disaster, the embattled British oil giant has sought to borrow $5 billion from a consortium of major banks by tying the loans to revenues from two oil fields.

Lehman Chapter 11 Case Still A Boon For Bankruptcy Lawyers

Posted on August 17, 2010
Another month, another set of mammoth legal bills linked to the ongoing Lehman Brothers bankruptcy. In July, Lehman paid its outside lawyers and restructuring advisers $44.5 million, bringing the Lehman estate's total outside advisory fees to $917...

ABA Considers Accrediting Overseas Law Schools

Posted on August 17, 2010
An American Bar Association committee has suggestsed that the ABA expand its accreditation to law schools outside the United States as a way of bringing consistency to how foreign-trained lawyers are admitted to practice in the U.S.

D.C. Judge Won't Approve Citigroup/SEC $75 Million Subprime Settlement

Posted on August 17, 2010
On Monday, Washington, D.C., federal district court judge Ellen Segal Huvelle refused to approved Citigroup's proposed $75 million settlement with the SEC over the agency's claims that the bank misled investors by understating subprime-related holdings...

Four Firms Handling Another Billion-Dollar Fertilizer Bid

Posted on August 17, 2010
The fertilizing industry is proving to be, well, fertile ground for Am Law 100 firms guiding corporate clients through the legal machinations associated with hostile M&A. Jones Day and Cleary Gottlieb, as well as two Canadian firms, are advising on BHP Billiton's $38...

Davis Polk Launches Hong Kong Law Practice

Posted on August 16, 2010
The news puts to rest months of speculation over the firm's Asia plans.

Fertilizer Wars Head Down Under

Posted on August 16, 2010
Fresh off one ultimately unsuccessful year-long takeover battle, Canadian agribusiness giant Agrium appears to be gearing up for another face-off with its $1.1 billion bid for Australia's AWB Limited.

Crowell Hit with Second Suit Linked to Hijacking Case

Posted on August 16, 2010
For the second time in the past eight months, Crowell & Moring has been hit with a malpractice suit connected to the firm?s representation of victims of a 1986 hijacking by Libyan-backed terrorists, reports Am Law Daily sibling publication The National Law Journal...

$55 Million Suit Against Paul Hastings Moves Forward

Posted on August 16, 2010
The firm is facing allegations that it provided bad advice to a unit of Cerberus Capital Management on a $55 million loan Cerberus made in 2008.

Fried, Frank, Debevoise Advise as Medco Buys United BioSource

Posted on August 16, 2010
The firms took lead roles as New Jersey-based health care company Medco Health Solutions, Inc., agreed to buy medical research company United BioSource for about $730 million.

The Careerist: Another New Law School?

Posted on August 16, 2010
Yes, another--this time in northern Louisiana. Given the new school's evangelical bent, it potentially has more to offer its students than your run-of-the-mill, fourth-tier unaccredited law school.

Ex-Partner's Punishment For Faking Pay? One Day

Posted on August 16, 2010
Rudy Lim, a former corporate partner in Singapore for DLA Piper and Duane Morris, has had his two month sentence for lying about his annual compensation in an effort to switch firms slashed by a local high court justice.

Cozen O'Connor Latest Firm Tapped By BP For Oil Spill Work

Posted on August 16, 2010
Add Cozen O'Connor to the list of outside law firms assembled by British oil giant BP to deal with the fallout from the Deepwater Horizon disaster in the Gulf of Mexico.

MoFo, Boies Schiller Take Lead as Oracle Slaps Google With Patent Suit

Posted on August 16, 2010
David Boies, it appears, was able to parlay past work on behalf of a San Franciso yacht club into a key role in Oracle Corporation's patent infringement suit against Google Inc., reports Susan Beck at sibling publication The Am Law Litigation Daily.

New Rangers Owner Bolts Pepper Hamilton for Reed Smith

Posted on August 16, 2010
Charles "Chuck" Greenberg, the former head of Pepper Hamilton's sports practice who recently became the managing partner and CEO of the Texas Rangers baseball team, is taking his practice to Reed Smith.

THR: Legal Fight Between Goldman and Producer Heating Up

Posted on August 15, 2010
The banking and securities company's lawyers at Boies Schiller have responded to a $30 million lawsuit brought by Joel Silver and his lawyers at Greenberg Glusker, describing the producer's claims as "absurd" and "implausible."

Dealmaker of the Week: Viacom Inc. General Counsel Michael Fricklas

Posted on August 13, 2010
The entertainment giant's top in-house lawyer took the lead in negotiations that produced a billion-dollar content-sharing agreement between Netflix and Epix, a joint venture between Viacom's Paramount Pictures, Lionsgate, and MGM.

The Churn: Lateral Moves and Promotions in The Am Law 200

Posted on August 13, 2010
Kilpatrick Stockton brings in a team of IP lawyers; Ogletree Deakins has a new shareholder; and Covington & Burling adds a former vice president at BAE Systems, Inc., as a partner. The Churn is constant. Please send all announcements and news releases to thechurn@alm...

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